The Government has over the last few years undertaken a range of fiscal reforms which have strengthened the financial system and banking sector in the Philippines and improved economic prospects. In 2007, the economy has posted the strongest growth in three decades which reflects improved economic conditions. According to the IMF (International Monetary Fund) a … Read more
Ownership laws in the Philippines does not allow foreigners to own land, but allows the ownership of apartments in high-rise buildings as long as the foreign proportion in a apartment block does not exceed 40%. Foreigners can buy a house but not the land on which it is built. A long lease on the land … Read more
The word ‘spa’ is an internationally recognised term whose meaning is similar in almost every language. Derived from the Latin Salus per aquam or ‘health through water’, spa no longer only denotes a link with water. Its meaning has broadened to include a diverse combination of ancient philosophies and modern techniques, but the common thread-water-remains. … Read more
Often overlooked in favor of its better-known neighbors, paralyzed by wars and long isolated from the rest of the world, landlocked Laos the Land of a Million Elephants remains one of Southeast asia’s most pristine environments, a beguiling destination of untouched culture and home to some of the friendliest, most laidback people on earth. However, … Read more
The 27-story Kabar Aye Executive Residence is the first high rise building that has received planning permission on the Kabar Aye Road by the Yangon City Development Council (YCDC) and Committee for Quality Control of High Rise Building Projects (CQHP). The luxury residence will feature a helipad to be used in medical emergencies, as current … Read more
Accor, the largest international hotel operator in Asia Pacific, announces the opening of Novotel Inle Lake Myat Min, the first Novotel hotel in Myanmar. Located on the east bank of the tranquil Inle Lake, this newly-built resort hotel is the perfect accommodation for both domestic and international travelers to stay when visiting this region. Patrick … Read more
This dome-topped Mumbai landmark was finished in 1903 and stands commandingly on the sea front overlooking the Gateway of India, that monumental arch built to commemorate the visit of King George V and Queen Mary in 1911. The Taj instantly became a favourite with travelling Maharajas, who felt the sumptuous interiors and extraordinary level of … Read more
The addition of a chapel in 1740 gave the fort a name for its present incarnation, the Pousada de Sao Tiago (St James), but only recently has the Pousada attained its apotheosis as an exclusive, super-luxury boutique hotel of just 12 suites, developed within a historic complex of World Heritage significance. Just to reach reception … Read more
Bankers must understand why clients adopt their behaviors, whether they are healthy, unhealthy, rational or irrational, self-interested or self-destructive. By understanding this, both clients and bankers can gain a clearer view of each client’s perception of risk and return. Most of all it may be the key to generating sustainable returns in the future. One … Read more
Hong Kong Island’s Central district With its prime location, superb design and advanced technology, it remains as Hong Kong’s premier destination for luxury shopping, entertainment, dining, working, conferencing and accommodation all under one roof. The complex occupies over 510,000 sqm (5.5 million sq ft) in total incorporating three five-star hotels, over 140 shops, stylish restaurants, … Read more